Business of Law

  • October 5, 2009

    Conn. High Court Upholds 70-Year-Old Justices Rule

    The Connecticut Supreme Court has upheld the constitutionality of a state law that allows justices to deliberate on proceedings in a limited capacity beyond the mandatory retirement age of 70, so long as they began hearing the case prior to reaching that benchmark, the court announced in a 4-3 ruling published Monday.

  • October 5, 2009

    Legal Industry Jobs Severely Reduced In September

    The legal industry has lost about 34,000 jobs since September 2008, and 13,600 of them were lost over the last month alone — a significant decline even when adjusted for the season — according to data from the U.S. Bureau of Labor Statistics.

  • October 5, 2009

    Tips For Firms On Making Flextime Work

    Flexible time schedules are gaining in popularity as more attorneys demand a better work-life balance, but in order to make the schedule a win-win, firms need to become a partner in the process, legal experts say.

  • October 5, 2009

    Risk Management To Shape In-House Budget In '10

    Corporate litigation spending is set to rise in 2010 after dropping a massive 10.4 percent in 2009, bucking an overall projected decline in companies' legal budgets, according to a new report by the BTI Consulting Group Inc.

  • October 5, 2009

    High Court Needs To Fatten Its Docket: Attys

    The number of cases the U.S. Supreme Court hears each year has been in decline for decades, and although the process for deciding which of the thousands of petitions will be granted certiorari remains something of a mystery, most experts agree the justices could — and should — pick up the pace.

  • October 2, 2009

    Katten Muchin Calls Up Six Deferred First-Years

    Thanks to an upswing in demand for its core practice areas, Katten Muchin Rosenman LLP has asked six members of its first-year associate class of 2009 — whose group start date previously had been pushed back until 2010 — to report for work this month.

  • October 2, 2009

    Sherman & Howard Continues Merger Spree

    Denver-based Sherman & Howard LLC has announced its plans to merge with Aspen, Colo.-based Krabacher & Sanders PC, the third such acquisition for the firm this year.

  • October 2, 2009

    Spending On Outside Counsel To Drop In 2010: Report

    Average spending on outside counsel is slated to drop below 2006 levels next year, according to a new report by the BTI Consulting Group Inc. And law firms that aren't already engaging their clients in new ways should think about getting busy if they want to keep a piece of the pie in 2010 and beyond.

  • October 2, 2009

    Firms' 'Ego'-Driven Salary Structure Can't Last: Experts

    While plenty of leading law firms have frozen or slashed associate salaries amid the current recession, just as many have remained dedicated to the status quo — a devotion that may be rooted more in ego than loyalty, some experts say.

  • October 2, 2009

    Wildman Harrold Rescinds Incoming Associate Offers

    The national litigation and intellectual property firm Wildman Harrold Allen & Dixon LLP has told most of its incoming first-year associates they'll need new jobs next year.

  • October 1, 2009

    Obama Taps Ritter Aide, Ex-Wis. Justice For Posts

    President Barack Obama has named his picks for three U.S. attorneys in Oklahoma, Missouri and Colorado — including a top aide to Colorado Gov. Bill Ritter — and tapped the first black justice to serve on Wisconsin's Supreme Court to be a federal judge in the state.

  • September 30, 2009

    High Court To Hear Petition On Attorneys' Fees

    The U.S. Supreme Court has elected to hear a petition from Social Security Commissioner Michael J. Astrue to resolve whether an “award of fees and other expenses” under the Equal Access to Justice Act is payable to the prevailing party rather than to the prevailing party’s attorney.

  • September 30, 2009

    Judges Press Senate For More Federal Posts

    Federal judges urged members of the U.S. Senate Judiciary Committee on Wednesday to take swift action to address skyrocketing caseloads and overextended judges in district and circuit courts across the country by authorizing the first significant federal judicial expansion since 1990.

  • September 30, 2009

    Opportunities For Regulatory Work To Grow In 2010

    Regulatory issues are the single biggest concern keeping corporate legal officers awake at night, but that's good news for firms desperately seeking signs of growth, with a recent spike in regulatory counsel spending projected to accelerate in 2010, according to a new report on corporate legal spending by the BTI Consulting Group.

  • September 29, 2009

    '09 Drinker Biddle Class Spared Billable Hour Woes

    Drinker Biddle & Reath LLP’s new associate training program aims to make young lawyers more client-oriented and give them valuable business skills while simultaneously freeing them from billable hours requirements in their first year, the firm has announced.

  • September 29, 2009

    Baker Botts, Shearman Partners Form New Firm

    Two prominent attorneys have announced that they've broken off from their firms to start a new national litigation boutique that will focus on complex civil litigation, white collar criminal defense, and U.S. Supreme Court and appellate cases.

  • September 29, 2009

    Cohen Milstein Launches Group To Help State AGs

    Cohen Milstein Sellers & Toll PLLC said Tuesday that it has hired former District of Columbia Attorney General Linda Singer and her former Chief of Staff Betsy Miller to lead its new public client practice group, which will help state attorneys general, nonprofits and unions in lawsuits on behalf of the public interest and focus on competition, consumer, employment and securities litigation.

  • September 28, 2009

    Chadbourne Again Defers Incoming Associates

    Chadbourne & Parke LLP has again deferred the start date of about half its incoming associate class in New York to an unspecified time, a representative for the law firm confirmed Monday.

  • September 25, 2009

    Up-Front Atty Fees Should Be Put In Escrow: DC Court

    In deciding to sanction a Washington attorney, a District of Columbia appellate court has said that lawyers should place flat fees paid up front by clients in a trust account.

  • September 25, 2009

    Legal Experts Doubt Twitter's Ability To Bring In Cash

    With everybody seeming to jump on the Twitter bandwagon these days, law firms may be tempted to join in, but some legal experts remain skeptical of how effective a marketing tool the micromessaging service is for firms.